Gentherm Inc. said it entered into a first amendment to its second amended and restated credit agreement with Bank of America, N.A., as administrative agent, and the lenders, on Feb. 24, 2026. The amendment permits transactions tied to Gentherm’s planned merger-related arrangements with Modine Manufacturing Co. and SpinCo, allows up to $400 million of additional term indebtedness in connection with those transactions, releases certain borrower and guarantor entities that no longer exist or will be liquidated, and removes credit spread adjustments related to SOFR and SONIA rates.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gentherm Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-082690), on February 27, 2026, and is solely responsible for the information contained therein.
